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HomeMy WebLinkAbout2863 i ~o ~iaUe and to Mold the aaalP, fagether With the tenements, heredifamenta and. appu?fe- ~ ; na??ces 11?erefo 1?Plongi??g, and the rents, issues and profits thereof, unto the mortgages, in fee simple. t I ? t lii~ ihP mortgagor covRnanls faith the mortgagee that the mwlgagor' is indefewti6ly seized of said ~i land in fee simple: that the morfgagw has good right and lawful authority to convey :aid la?td as afore- i said; that the mortgagor will make such further assurances to perfect the fee simple title to said land in the t i i~ mortgagee as may reasonably 6e required : that the mortgagor hereby f ally warrant the title fo said land ; I' ami will defend the some against the lawful claims of all persons whomsoever: and that :aid land to free ~ a??d clear of all enct?mbronces excepting taxes accruing subsequent to December 31, 1978. i1 F I 'I V I 1 ii i ~COU~ded ~~WaIJS, that ij said mortgagor shall pay unto said mortgagee the cg4fain promis- ~1 sort' note hereinafter substantially copied or identified, to-wit: - it ~ _---1 MOttT~Ae3t tWTt i 16,000.00 Fort Pierce • Florid, May 31 . 19 79 FOA VA~.UB RECEIVED, the uadersisaed. (jointly sad severally. if amore titan one) promises to pay to ` VIRiGIE SHEPPARD, a single adult or order, in the maaaer heseiaattsr tpecitisd. j the principal mom of SIXTEEN THOUSAND and no------------------------------------------7100 DO~Li.AitS ti 16,000.00) whh iatsrstt (rost? dstr st the fate of `IGHT pcr uat. per awtuut oa the balance frosa time to time rsmainia~ uapaid.- ~ The said sad iaterat shall bs p~pd • psr~bk iu Lw[ul stOEaey of ?b. United Seta oI America u Rte 1 - Portsmouth, OH 45662 a •t w~'. ,lace as m .y herrstar t ocs?cns tea by writtca notice tram the bolder to the maker hereof. ow she date and is the manner folbwins: - The Face Amount of this Note and Mortgage payable with interest thereon from date at the rate of eight percent (8x)-per annum, in full by August 19, 1980, if not paid-before that date; . r / 3 5~ C - ~ • G d x Tbit note wilt: interes. is s..::~rcn ~r ~ mcrtyaK•. on re+! ease. v; wc.? d:.tr htrr~rltb, ~ aJe !ry •.be ureter berg: in tavur of tt+s mold a and that{ be tOtlitrJ'~ ir•~ .ea.w~c0 :~-Mrn~.,... A. Lw - i.:,. 1r: I~.d Nrhrt~~e Ere t?l/ thN teJereaos t: A4c jiA ::..:w. - z It datauh be mane i~ the riymwt of say of r1•e taus or racrrt mentiotrcd be is or in raid tnortp~e, or in the pcrlormance of any of the a~asneau c~w.~li~Fu: f.ercrr: yr rt? t~.?? .~~t:;ear., tbe4 the eatirr principal sad atxnred iwterest shall at the optioa.ot the holder beseoi beoane st coca due sad coilectibl- •raho~at sati.e. tiwe beiry: a( tba ;sad mold pruwpal swa areal accrued unemt ` shall both bear interest trom such flare until paid at the biahat rate allowable wader laws of the State oI Ybrids. !?ailvrs t,o ersnite this option shall sot coattituu a waiver at the tylht to steereste tlss saws in the event of y subssgrseat default. Each penoa liable hereon whetter maker w e?rci•rner~ hereby waives psYteatmeat; protest. anise aotiot of G hoaw and asreea to pa all cote. iadudiua a reasonable at protest sad notice of dis- - X tornsy's tee. wbetbet awl be bsosrsbt ar sat. ir. after Iaaturity of ibis note w de[suk' i ber~rusdv, or under tad mostsare, eouatel than be employed a eollsct this sots of a ptw,sct the security d asid asortsa,;e. ~ whenever wed herein the tenmt "bokier•'r "wakes" sad "payee" than be coattrued is the sioSrLs plural at the context rest' require at admit. ~ Irla:es't 1 ~ / .t,.j~ .....(S1r.AJ.) =x'`310 ~~~E2861 ~ w~ I .1~].b~...F.~l ~ - LO>latA L. QI j Y.4~!!l<:..:.~~Bf ~dtL..OH 45503 ........................._(>~,si,} . ;